Reach Technologies enters into an agreement with Microsoft

To cash in on the fast growing textile and leather industry, it solutions provider Reach Technologies has entered into an agreement with Microsoft to provide customised business solutions to this industry.

Tirupur (TN), Aug 20: To cash in on the fast growing
textile and leather industry, it solutions provider Reach
Technologies has entered into an agreement with Microsoft to
provide customised business solutions to this industry.

The product 'Reach ERP' would be based on Microsoft
dynamics, a mid-market enterprise resource planning (ERP)
solution of Microsoft, and will be available globally for
apparel, textile, leather, home furnishings and fashion
industries, reach technologies Chief Executive Officer Shyam
Raj said.

The cost of the product would depend on requirements of
the organisation, which could range from Rs four lakh to Rs
two crore, he said.

Under the agreement, the implementation fees of the
product would go the reach technologies and about 50 per cent
of the license fee would go to Microsoft, Raj said.

"The textile and apparel industry contributes to about 14
per cent of the total industrial production of the country and
reach ERP will cater to the demands of this industry, which is
growing at a fast pace," Microsoft product technology
specialist lead Ashish Bhatnagar said.

It would help the companies in adapting their systems
according to the changing business processes with time, he
said.

The new product can be integrated with the existing other
softwares, which would be very cost-effective for the
organisations, Bhatnagar said.

Indian soft goods industry is poised for a big leap and
the strategic use of it would help organisations tap new
opportunities besides reinforcing and sustaining the momentum
in the company's growth, reach technologies market development
manager Bhadrish S Raju said.

Highlighting the growth of the industry, he said India
would have about 8 percent share in the total textile trade
worldwide by 2010.

"The exports will touch about 50 billion dollars by 2010
with garments contributing to 25 billion dollars. It will also
create 12 million jobs for the soft goods industry", he said.

Bureau Report

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